Year-ending

The annual comparison (english year -over- year ( YOY ), Year-to -Year) compares a determined for a given year by the appropriate value of one or more previous years. YOY comparisons are used primarily in connection with the performance of investments on a daily, monthly or quarterly basis. Each measured event, which occurs annually can be compared to a base YOY. Year-to- Year is not to be confused with year-to -date: There, the change of the current value at the beginning of the current (business) year is measured.

Owners, managers, and stakeholders can find out with the help of YOY comparisons, has whether the performance of the company or business unit improved or deteriorated. For example, if the sales of a business unit increased in the third quarter YOY, it means that the sales of the business unit in the third year are higher than those in the second and in the first year.

By relating to accrued during the year numbers, the volatility in Year on Year numbers is greater than in full financial years ( Year ending comparisons) and smaller than a period -to- Vorperiodevergleich.